Owner/User or Value Add Midtown Retail 1422 28th St

1422 28th St , Sacramento, California, 95816 | 3,588 sq.f

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About This Restaurant

Investment Highlights

Owner/user or value add investment Long-term retail/service tenants Dynamic Midtown location with heavy foot traffic 4-unit building with onsite parking Well below market rents with MTM leases One block from Capital City Freeway

Executive Summary

Introducing a prime retail / office building in the heart of Midtown Sacramento now available for sale to an owner/user or value-add investor! Located at 1422 28th Street, this dynamic property offers a building size of +/- 3,588 Sq. Ft. on 0.15 acre parcel. This highly visible property features four retail units with three spaces currently occupied for over 10 years by True Blue Barber, Relentless Tattoo and All Seasons Day Spa, all with below market month-to-month leases. The site offers eight onsite parking spaces, including two ADA, and is zoned C-2 SPD. Situated in a vibrant neighborhood with various amenities such as dining, shopping, parks, events, and more, this property presents an excellent opportunity for businesses to thrive in Midtown Sacramento. With its strategic location (one block from Capital City Freeway), high foot traffic, and nearby popular dining, services and attractions, including Paragary?s, Ink Eats & Drinks, Mast Coffee, Green Solutions Dispensary, Hyatt House Hotel, B Street Theatre and Sutter Medical Hospital, this building encapsulates the essence of Midtown's eclectic charm. Don't miss out on this exceptional value-add investment opportunity with ability to increase rents and watch your yield climb or launch your own business as an owner/user with additional rental income. Seize the chance to own a piece of the bustling Midtown district today!

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Retail Retail General Retail Storefront General Retail Storefront Retail/Office Office Medical Retail
  • Building Size    3,588
  • Building Class    C
  • Year Built    1969
  • Percent Leased    63
  • Tenancy    Multiple
  • Building Height    1 Story
  • Building FAR    0.55
  • Land Acres    0.15 AC

Nearby Amenities & Transportation

Retail Starbucks
Retail Peet's Coffee
Retail The Habit Burger Grill
Retail IHOP
Retail Citi
Retail Bank of America
Retail Safeway
Retail Club Pilates
Retail Orangetheory Fitness
Retail U.S. Bank

Property Taxes

Parcel Number 007-0271-028 Improvements Assessment $377,038
Land Assessment $644,506 Total Assessment $1,021,544
Date Created: 2024-07-16 04:09:21 Last Updated: 2024-07-16 04:09:21
Address: 1422 28th St , Sacramento, California, 95816